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1. You Have
The Right To
know what Financial Aid
programs are available at your school.
2. You Have
The Right To Know how
Financial Aid will be distributed, how decisions on that distribution
are made and the basis for these decisions.
3. You Have
The Right To Know how
your financial aid was determined. This includes how costs for
tuition and fees, room and board, travel, books and supplies,
personal and miscellaneous expenses, etc. are considered in your
budget.
4. You Have
The Right To Know what
portion of the financial aid you received must be repaid, and
what portion is grant aid. If the aid is a loan, you have the
right to know what the interest rate is, the total amount that
must be repaid, the payback procedures, the length of time you
have to pay back the loan, and when the repayment is to begin.
5. You Have
The Right To Know
how the school determines
whether you are making satisfactory academic progress, and what
happens if you are not. |